Retirement Plans in the Courtroom: What Plan Sponsors Need to Know

A rising number of lawsuits are being filed against retirement plan sponsors, accusing them of breaching their fiduciary responsibilities. While your plan may not be governed by ERISA, the topic of recent litigation provides a new perspective on several best practices to ensure that you are actively working in the exclusive interest of plan participants.

In a recent webinar, Segal’s experts discussed the increase in litigation and other topics, including:

  • Overall plan fees
  • Revenue sharing
  • Money Market, Stable Value Funds and Fixed Interest Accounts

These issues directly affect the savings potential of plan participants and should be at the forefront of plan sponsors’ minds as they seek to provide their plan participants with the best options to succeed in retirement.

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